Oil And Natural Gas Corporation Ltd vs M/S G And T Beckfield Drilling Services ...

The Supreme Court examined the validity of an arbitral award passed under the Arbitration and Conciliation Act, 1996, which was challenged and set aside by the Gauhati High Court. The Court analyzed whether the arbitral tribunal had jurisdiction and whether the award was legally sustainable. The Court ultimately upheld the High Court's decision, affirming the setting aside of the arbitral award. The judgment emphasizes the importance of adherence to procedural and jurisdictional requirements in arbitration proceedings.